When you find yourself buried under what feels like a mountain of debt, you might look at the bills and wonder how you are ever going to dig your way out of the mess you’ve made. There are plenty of options to consider and the sooner you take action, the better. 

The debt isn’t going to go anywhere on its own and it’s up to you to take steps in the right direction if you want to make changes. Accredited Debt Relief is an option to consider and there are pros and cons of Accredited Debt Relief that you will want to consider.

What Is Accredited Debt Relief?

Before you even get into the details, you are going to want to know what Accredited Debt Relief is. This company offer a process called debt settlement that helps you to get out of your current situation. You will stop making payments on your credit cards and set aside your money instead. 

Once you save up some money in a certain account, Accredited Debt Relief will work with your creditors to try to settle your debts for less than you actually owe. While the length of time the process can take varies, it can be from 1-3 years. 

Pro: No Upfront Fees

You don’t have to pay any fees to get this process started. The only fees you pay happen once the debts are settled, and the ordeal is behind you. It’s nice to know that you don’t have to pay fees right away and there are no charges to enroll in the program, either. You are going to want to know what the fee system looks like once your debt is settled so you aren’t surprised once things are completed.

Con: Settled Debt Fees

Once the debt is settled, the company can ask for fees anywhere from 15-25% of the debt charges. That will sound like a significant amount. However, you know that the company will also work hard to get your debt settled for a much lower amount, possibly giving you wiggle room to pay those fees once things are figured out.

Pro: Consultations Are Free and Money Back Is Guaranteed

You can speak with a debt professional at no charge and without making any commitments. They will give you advice and suggestions in an honest, upfront manner. You also have peace of mind that there is a money back guarantee in place. IF you don’t like the settlement the Accredited Debt Relief works out, you can cancel the resolution program at that time, or any time before or after that, and you won’t have any penalties against you–no fees will be charged.

Con: No Mobile Options

A lot of debt companies have mobile apps or even online client portals, which can help you to log in, oversee your debt, and take a look at resolutions in real time. Accredited Debt Relief does not have those options at this time and that can be a downside if you appreciate those forms of technology.

Pro: Website Offers Tons of Information

When you read through the options online, you will find that they have a lot of information on their products, services, and debt settlement programs. You can get as much information as you need about how the process works. If you need more information, you can have that free consultation with no strings attached. Nearly every  Accredited Debt Relief review refers to that as a benefit.

There are going to be pros and cons of any debt relief system and you will want to understand what those are before you move forward with any company. Now that you understand the pros and cons of Accredited Debt Relief a bit more, you can judge whether or not they are the right direction for you to take.